Stephen M. Merkel, Exe. VP, General Counsel & Secretary at BGC Partners, Inc. (BGCP), sold 175,135 shares at $7.72 ($1.4M) on 2008-06-10, disclosed to the SEC on 2008-06-10.
Open-market sale of $1.4M BGCP by Exe. VP, General Counsel & Secretary. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 135 | $0 | 0.0% |
| 2 | $7.72 | 175,000 | $1.4M | 100.0% |
| Total | $7.71 avg | 175,135 | $1.4M | 100% |
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